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Melissa Galt

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Smart Solutions: Do You Have an Imaginary Business?

Is your business real or imaginary? It’s an important question.

Are you making excuses or making money?

I experienced two conversations this week with coaches, both of whom, currently have imaginary businesses. One has named it and claimed it and is ready to move into a real business that makes real money and give up the endless string of excuses.

The other coach hasn’t named it and is in denial so won’t be moving forward.

In case you aren’t sure, an imaginary business is one that makes very little or no money, you do actual revenue producing work less than 10 hours a month, and you share a continual string of excuses as to why you aren’t farther along the path to success.

Excuses you might be making include:

  • I can’t afford a website . . .
  • I don’t have a logo . . .
  • I need another certification . . .
  • I’m waiting until after Memorial Day . . .
  • I’m waiting until my kids are grown up . . .
  • I don’t have the right image . . .
  • I hate networking . . .
  • The economy is still uncertain . . .
  • I don’t understand social media . . .
  • I feel overwhelmed . . .
  • Everyone says XYZ about the kind of person I am . . .

Do you want to stop having an imaginary business, and enjoy making a real difference for real money with real clients? It’s simpler than you might think.

Oh, and there is one question you need to answer first . . . WHY do you want to have a business?

Without a big enough why and actual numbers applied, you won’t do the necessary work and remain imaginary.

Here are some WHY’s to inspire you . . .

  • I want to empower women in my culture to live freely and follow their dreams.
  • I want to take care of my aging parents comfortably.
  • I want to fund trusts for my children’s college education.
  • I want to find a cure for XYZ disease.
  • I want to create a foundation that invests in the dreams of entrepreneurs.
  • I want to experience freedom from financial anxiety and enjoy financial security.
  • I want to live in a penthouse in NYC.
  • I want to spend a week on The Orient Express.

Now, that you’ve got your WHY . . .(and if you still don’t, keep working it, it’s the cornerstone to your success) you can take the next 5 steps to taking your business from imaginary to real. Coming up in next week’s post!

SHARE YOUR WHY in the comments below!

Filed Under: Business Development, Developing Your Brand, Marketing Strategies Tagged With: Business Development, Business Success, Developing Your Brand, Marketing Strategies

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Reader Interactions

Comments

  1. Debra says

    May 18, 2013 at 8:39 am

    I want to empower women to awaken and claim their the feminine spiritual power so they can heal and transform their personal lives and create soul satisfying love in their marriages and fulfill their ultimate purpose in life !

    Reply
    • Melissa Galt says

      May 18, 2013 at 6:12 pm

      Debra,
      That is an awesome WHY! Thank you for sharing.

      Hugs, Melissa

      Reply
    • Dr. Simone Ravicz says

      May 18, 2013 at 9:28 pm

      I help overstressed small business owners obtain rapid financial and personal success by breaking through their limiting beliefs, emotions and actions.

      Reply
      • Melissa Galt says

        May 18, 2013 at 9:35 pm

        Dr. Simone,

        That is great, that is your WHAT you do. What is your WHY you do it?

        Hugs,
        Melissa

        Reply
  2. charles says

    May 18, 2013 at 10:30 am

    i want to empower the farming community so as to take their farming as business.

    Reply
    • Melissa Galt says

      May 18, 2013 at 6:12 pm

      Charles,
      That is an inspired WHY! Go for it.

      Hugs, Melissa

      Reply
  3. waxi says

    May 18, 2013 at 6:54 pm

    I want to have my successful business to honor my mother and motherhood in my life.

    Reply
    • Melissa Galt says

      May 18, 2013 at 8:47 pm

      Waxi,

      That sounds motivating, what does honoring “motherhood” mean to you?

      Hugs, Melissa

      Reply
  4. beth says

    May 18, 2013 at 6:24 pm

    I want to help woman create healthy, happy more abundant lifes.

    Reply
    • Melissa Galt says

      May 18, 2013 at 8:46 pm

      Beth,
      That is a wonderful WHY! You go :).

      Hugs,
      Melissa

      Reply
  5. Connie says

    May 19, 2013 at 9:31 am

    I want to inspire and ignite women in mid-life to move beyond the past, deepen their relationships with themselves and realize the dreams they have left behind.

    Reply
    • Melissa Galt says

      May 19, 2013 at 2:30 pm

      Thanks Connie,

      Great to hear from you and this is a truly noble WHY!

      Hugs, Melissa

      Reply
  6. Tina says

    May 29, 2013 at 1:14 pm

    I want to create financial freedom for my self as well as empower other women to do the same.

    Reply
    • Melissa Galt says

      May 29, 2013 at 2:03 pm

      Tina,

      Go deeper, WHY do you want to create financial freedom? What does that look like to you? What will that mean to you? What do you need the money for specifically?

      Hugs, Melissa

      Reply

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